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Why The AP Eagers Ltd Share Price Soared Today

Why The AP Eagers Ltd Share Price Soared Today

Shares in automotive group AP Eagers [ASX:APE] rose by 5.4% today. The move up put the stock into new all-time highs. This is the stock market pricing in stronger earnings to come for the company.
The post Why The AP Eagers Ltd Share Price Soared Today appeared first on The Daily Reckoning Australia.

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Greece Is Once Again a Victim of Democracy

It was thanks to fishy numbers that Greece was admitted to the European Union in the first place.
The post Greece Is Once Again a Victim of Democracy appeared first on The Daily Reckoning Australia.

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ISIS and the Oil Riches of Arabia

If US ground troops are committed to the deserts of Saudi Arabia, it will be to protect the oil fields in the East. Saudi Arabia is a glittering prize…
The post ISIS and the Oil Riches of Arabia appeared first on The Daily Reckoning Australia.

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Don’t Count on The Reserve Bank of Australia Raising Rates

Just because the market is desperate for an interest rate cut and thinks the Reserve Bank of Australia should join in the currency wars, doesn’t mean we’ll get one.
The post Don’t Count on The Reserve Bank of Australia Raising Rates appeared first on The Daily Reckoning Australia.

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Why the Bradken Share Price Lost a Third of its Value Today

Mining services group Bradken Ltd is down more than 33% today after takeover talks with private equity groups Pacific Equity Partners and Bain Capital Asia fell through.
The post Why the Bradken Share Price Lost a Third of its Value Today appeared first on The Daily Reckoning Australia.

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